Does Opening range breakout still work ?

[JaiSreeram]

Can someone , give me a overview of opening range breakout and some insight about whether it is still effective?

 

[Free Thinker]

Quote from JaiSreeram:

Can someone , give me a overview of opening range breakout and some insight about whether it is still effective?

sometimes it works and sometimes it doesnt.

 

[nkhoi]

yes, just draw 2 lines on chart and see it for yourself.

 

[Mathemagician]

Much like yourself, it doesn't work. Any other brilliant ideas you'd like us to do the legwork on so you don't have to?

M

 

[dozu888]

Quote from JaiSreeram:

Can someone , give me a overview of opening range breakout and some insight about whether it is still effective?

it works great.... i made millions from it.... just try it, you'll be rich in no time.

 

[TraderSystem]

Quote from JaiSreeram:

Can someone , give me a overview of opening range breakout and some insight about whether it is still effective?

A good question. I found this old opening range breakout link. It is valuable and also contains a part of Murray Video which you can watch for free.

http://elitetrader.com/vb/showthread.php?s=&threadid=72968

 

[JaiSreeram]

Quote from TraderSystem:

A good question. I found this old opening range breakout link. It is valuable and also contains a part of Murray Video which you can watch for free.

http://elitetrader.com/vb/showthread.php?s=&threadid=72968

Thank you for the link. I registered on TradersStudio.com and just ordered the video, so I can watch the rest of it

 

[Wallace]

here's Clayburg's trading the Open

 

[JaiSreeram]

Quote from Wallace:

here's Clayburg's trading the Open

Thank you very much. The link and Powerpoint presentation are helpful

 

[panzerman]

If there is a pattern or an indicator that worked 300 years ago, it will work today. This is because markets move as the result of human behavior and motives, which have never changed. If it didn't work then, it won't work today.